Prepare for a harsh reality check, or as Nietzsche advises in his Zarathustra, abandon your gods and ultimately even him, the one who brought the light of the new ethics.
47 sats \ 0 replies \ @mf 12h
Hoppe is something else. Reminds me of those more classical liberals with freedom ideals.
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84 sats \ 2 replies \ @didiplaywell 11h
I'm not that surprised, he is an intellectual whose life has transited entirely within academia and foundations, and that causes increasing detachment from reality.
He wrote nice books which are good compaginations of principles. He never had to apply any of them ever, so this is exactly like when a physician mocks a technician.
He has simply no idea what he is talking about. He has received either tampered information or he is unable to interpret it correctly, or both. There is no "reality check" here because he goes back an forth from distortion to lies, condimented with lightweight questions on matters whose background or severity he doesn't understands or knows at all.
I do am surprised that he nailed nothing, I genuinely watched the video on the mood of "ok! the master himself! let that reality check come!" then "... nope, never mind, thanks anyways...."
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0 sats \ 1 reply \ @TomK OP 6h
Ok. Where did he miss the point?
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0 sats \ 0 replies \ @didiplaywell 1h
Ok this was a LOT of work (26 min video of non-stop slander), so I hope you do read this:
That couldn't be any more wrong. It's the most remarkable and biggest piece of ignorance of the entire speech. Milei wasn't a last minute candidate that got into the ballot the night before so people just blindly voted for him to not to vote for other guy. He made himself famous years prior to his political career precisely due to his libertarian stance, and it was from that support prior that he decided to step up, first, as a deputy. It was then from the senate that he kept his libertarian speech and garnered even more support. The biggest proof that people believed in his ideas was that he wasn't alone in the race but other major force was also contending the first place respect to the bad guys, so that much that many Milei' followers didn't voted for him at first out of fear he wasn't making it, and thus voted for that other force instead. Of course, people that do not understands him and yet voted for him where supporters of that other major force, but his core followers do know and understand what he says, specially the youth. Boomers are irreversibly lost, they do not understand either capitalism nor socialism, and that's the reason they have been and are so easily manipulated. So the mindless boomer sector got divided mechanically as a coin tossed to the air, and our youth made the difference out of conviction.
That has to be the most childish part. Hoppe "could have done it as easily". But he didn't. Milei did. It's not about the act of the speech itself, not only him but anyone can give it. It's precisely about actually doing it, actually getting there. Hoppe shrugs off lightly the merit with "oh since he was president it was so easy for him to get there"... getting to be president was the difficult part goddammit!! The fact Hoppe is so detached from all of the context and nitty gritty hard word that implies to actually get things done, as simple as superficial end results might seem, is another symptom of academia isolation.
Well... he should have checked. At that point, not even 4 minutes into the video, I lost all hope I was looking at something serious. He knows how debased those expressions are, something that's sub-standard even for academia standards.
Milei never changed his speech, at all, at no point. He still repeats the exact same expressions. He always explained his plan and intentions in full. And the dismantlement of the state is explicitly point 3 of 10 core points of his recently launched party whose web you can see here. That's not an old page, it was publicly launched brand new two weeks ago.
And Milei also breathes air! just like Hitler! Shame on him.
Besides the fact he can just change that all of a sudden, he does is proceeding as much as he can and dismantling the structures those price control and subsidies support:
- Price-control on medical insurance is already poised to be eliminated, but it wasn't done all of a sudden because the medical insurance industry was made around the crony state-corporate structure, so there's no competition at all and those companies used that to impose dracoinian contracts clients can not easily get rid off. That state-corporate structure, that was used to have captive clients, has been being progressively dismantled now and that's why liberation of prices as been announced, but we are not there yet.
- Subsidies are most delicate for there's above 50% poverty on Argentina, so if Milei takes that away all of a sudden, 25.000.000 people are left hopeless. So subsidies are being progressively diminished, but the most impoverished sectors are still subsidized for there're no massive source of work yet, to whose formation the new regimes of foreign investment seek to activate. It's all a very intricate clockwork socialistic bomb the one to deactivate here but it's being done, and Milei was crystal clear on his campaign that this were the steps to follow.
Absolutely all state owned companies were set to be privatized but that's not a decision Milei can take by himself, but the senate must approve, whose majority is still socialistic. So ALL privatizations were rejected by this mobs, despite being proposed by Milei. Part of the campaign for next year elections is to show that he is being impeded to proceed with this, so he needs a majority on the senate to approve privatizations.
He gives no numbers in this, just qualitative adjectives. He seeks to imply that almost all state personnel was kept. Yes, some people was transferred, but that was the minority of people, not the majority. As much people as possible as been dismissed, but since the law (until changed) prohibits the dismissal of state personnel, volumes of transferred people from closed ministries where transferred simply because the government is awaiting for their contracts to expire, not to be renovated (a strategy that has been repeatedly and explicitly stated by the government). That's one of many nitty gritty details Hoppe ignores all along his speech.
For the sake of last year campaign, the socialist government that was seeking to keep itself in power froze tax rate increments and suspended some taxes a month before the elections (but not the spending that came from them), for the sake of gaining some cheap votes. Of course when Milei came to office he had to unfroze and unsuspend those measures because the spending had been done and under the new monetary policy it couldn't be financed anymore with emission nor debt. Once deficit was stopped, he proceeded to actually lower those taxes, not to temporarily froze them like the prior govt did. The difference in tendency is clear. Yes, taxation is theft, but if you voted for theft, then Milei can't undo the damage, but make his best to stop it, and that's what he is doing.
On one side, that's straight up a lie, see here. But on the other, that's not the only purpose of the surplus: to proceed with dollarization, a certain surplus is needed to allow to buy enough USD reserves so that the change can be done.
Blatant and shameful lie, simply as that. In fact Milei is on his path to end the centralization that's currently in place: a distopian tax scheme called "coparticipation", which sucks funds from productive provinces and give it to non productive provinces (which have as much as whooping 95% state employment rates due to that). Of course that ends the feudal system the lords of those provinces love so much, so they call Milei a "tyrant" for ending that mob scheme. I'm in awe that Hoppe simply took that word.
Further, all provinces are rising taxes in opposition to government cuts in order to keep the state-corporate structure, but now they get busted on the act for previously that was subtly made with stealthy debt and emission which now is terminated, so the feudal lores blame Milei for the political impact that being exposed is having on them.
Can not stop being surprised by how innocent Hoppe is, truly an academic. Of course ending the central bank is not something that can be done immediately, specially taking onto account all of what depends on it (not for good, but still). It's all being meticulously dismantled:
- The printer has been closed and its dismantlement announced
- Again the surplus in govt budget that Hoppe treats with so much disdain is needed to buy the USD reserves to proceed with the dollarization he so anxiously claims for from the comfort of his chair. You need the USD to dollarize Hoppy! How did you missed that one little detail!!
This is not even the middle of the video yet. I could go on and on but the text will get too long and it's really tiresome and not worth it. But hope this gives an idea.
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141 sats \ 0 replies \ @jgbtc 14h
Perfect is the enemy of good.
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